In Order to Limit the Use of a Shell Company

question 95

Multiple Choice

In order to limit the use of a shell company, the SEC has proposed:

• A) Greater financial disclosures.
• B) Eliminating this type of company.
• C) Arresting promoters of shell companies for fraud.
• D) That its stock only be sold in foreign countries.

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Definitions:

Independent

A condition where the occurrence or value of one variable does not affect or is not associated with another.

Mutually Exclusive

A statistical term describing events that cannot occur simultaneously; the occurrence of one event excludes the possibility of the other.

Events

Occurrences or happenings, often of significance and usually discrete, that can be observed and recorded.

Continuous Random Variable

A type of random variable that can take an infinite number of values within a given range.